Umair88

Umair88 Updated 

ALASEEL created a HH,HL formation Entry is triggered at 5.19 as morning star candlestick pattern is formed at HL and trend line is respected Long Position can be taken with: SL = 4.99 ; TP = 5.78 Risk/Reward = 1:3 Good Luck!!

Umair88

BTC has currently been following Dow Theory as successive HH,HL are being formed. My opinion is to take a long position if today's candle closes above yesterday's candle (69289.67) My trade plan is visible in the chart. 2 Entries can be taken. 1st: when it closes above 69289.67 price. 2nd: when Resistance 2 is broken (71317.10) Good Luck!!

Umair88

Probability of the end of downtrend as formation of ABCD Pattern is completed. Price may get range-bound or an uptrend can begin. Watch out closely. Next week will clear the scenario.

Umair88 Updated 

MIS created a HH,HL formation Entry is triggered at 164.8 as bullish candle is formed at HL Long Position can be taken with SL = 158.4 ; TP = 178 (ATH) Risk/Reward: 1:2 Good Luck!!

Umair88

2082:ACWA POWER seems to have potential for a long position according to ABCD Pattern BUT once price crosses 'B' level i.e. 493.4 Buy @ 493.4 SL @ 456.2; TP @ 567.8 Risk/Reward: 1:2 Good Luck!!